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FHA Loans

FHA loans differ from conventional loans in a number of ways. The down payment required for an FHA-insured loan is usually much lower than for conventional loans. FHA loans also have lower credit requirements than conventional loans, making them more available to a wider range of potential homebuyers.

FHA loans offer borrowers several other valuable benefits, not least of which is those aforementioned smaller down payments. Unlike a conventional loan, which ordinarily requires 10-20% down, FHA-insured loans only require down payments as low as 3-5%.

The FHA is also more flexible in calculating factors to determine whether or not to approve the loan, factors such as household income and repayment ratios.

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Austell, Georgia News
American classic comes on strong

Elegant French and English country designs have been the dominant new home styles around here for several years, but another very different style, Craftsman, has a growing fan base, too.


Cops: Trailer park thief stashed pliers in bra

An Austell woman told police she used the two pairs of pliers in her bra and the flashlight in her front pocket to steal scrap metal from vacant trailers in her neighborhood.


School 'choice' law likely to be spotty

If you're counting on the new school choice law to help get your child into a better school, get in line.


Ex-VA employee accused of taking BlackBerrys

A former employee of the VA hospital in DeKalb County has been accused of stealing four BlackBerry telephones and running up $10,355 worth of charges.


Man wanted for murder arrested in Cobb

A man wanted in connection with a 1991 murder in the Bronx has been arrested in Cobb County, according to Sgt.


Neighbor Accused Of Attacking Austell Woman

Police in Austell said they expect to formally charge a man Wednesday in the alleged attack on his neighbor.


Woman: Prayer halts Austell attack

An Austell man has been charged with kidnapping and assault after he forced his way into a neighbor's home and attacked her, police said.


Alleged serial wallet thief jailed in Cobb

The woman police say has pulled off a string of wallet thefts is now accused of doing the same thing at a second Cobb County school.


Cobb Home Improvement Scam

Three men from South Carolina are under arrest, charged with targeting the elderly in a home improvement scam.


Caregiver Accused Of Leaving Woman On Floor

Police in Cobb County have arrested two caregivers and charged them with elder abuse after two separate incidents at allegedly unlicensed care homes.


13 indicted in counterfeit DVDs case

A federal grand jury in Atlanta has indicted 13 people with making and distributing counterfeit DVD movies, such as "Gran Torino," "Changeling" and "Dark Knight." The individuals also are charged with pirating the copyrighted recordings of Lil Wayne, Kanye West, T.I. and Robin Thicke, according to the indictment, handed up this week.


Injured cop backs angry sergeant

Former Atlanta police officer Mike McCain suffered a career-ending back injury when he came to the aid of two fellow officers in 1997.


Suspect runs 13 red lights, jailed in Cobb

After trying to run over an officer with his car, an Atlanta man allegedly led police on a chase through two counties Sunday night before he was arrested.


Georgiaa s newest choice program

Georgia families have a new school choice law that allows them to send their child to any public school in their district, provided the campus has room.


Police Arrest Teen for Cab Driver Death

A teenager accused in the murder of a taxi cab driver is in the Fulton County Jail.


Teen Arrested In Cabbie's Death

Atlanta police have arrested an East Point teenager in the April 22 shooting death of a taxi driver.


Bring Your Little Monsters

New Monster Mansion unveils more 4D effects than any other ride in the world AUSTELL, Ga., May 14 /PRNewswire-FirstCall/ -- Beginning Saturday, May 16, guests at Six Flags Over Georgia can experience the new and improved Monster Mansion family dark ride featuring more 4D effects than any other ride in the world.


Actions Taken by the State Licensing Board for Residential and...

Actions Taken by the State Licensing Board for Residential and General Contractors at its May 6 Meeting Macon, Ga.


People Do Get Hired at Job Fairs

"We're wasting gas to get here and we could just go on line from the comfort of our homes," says Tennille Rogers of Austell.


Man Arrested in Death of Austell Infant

Cobb County authorities arrested a man in connection with the death of a 6-week-old child in Austell.


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